Daily Memo: Evergrande Keeps Mum on Bond Payment Deadline

The firm was supposed to make a major payment on Thursday.

1040
Watching for signs. There are conflicting reports about whether embattled Chinese property giant Evergrande made a major dollar bond interest payment that was scheduled for Thursday. The company seems intent on taking advantage of a 30-day grace period following the deadline. Curiously, there hasn’t been any sort of vague, reassuring statement from the company aimed […]

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Geopolitical Futures (GPF) was founded in 2015 by George Friedman, international strategist and author of The Storm Before the Calm and The Next 100 Years. GPF is non-ideological, analyzes the world and forecasts the future using geopolitics: political, economic, military and geographic dimensions at the foundation of a nation.